Marchmont News

Marchmont News is a bi-lingual news website for the Russian and international business community focusing on a dozen economic sectors across Russia's nine time zones, with special emphasis on industrial modernization and technological innovation in the Russian regions. Marchmont's analytical archive contains more than 17,500 feature stories and news updates. Marchmont readership consists of active business network representatives, with more than 8,700 daily readers. The site is published by Marchmont Capital Partners, Nizhny Novgorod, a 100% owned Russian subsidiary of Florida based Marchmont Capital Partners, LLC. The company offers products and services to meet the unique needs its target audience that includes entrepreneurs seeking business expansion, professional managers, and investors looking for new opportunities on the Russian market. Contact: Oleg Kouzbit, [email protected]

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Saratov scientists showcase cutting-edge RFID tag

Last week, at Moscow’s SOFTOOL-2013 IT project show, Saratov Chernyshevsky State University (SChSU), a major university in the Lower Volga area, presented what it claims is a “unique” radio frequency identification solution. This solution was developed by SGU-Kontakt, an education and R&D center spun off from SChSU, the SChSU press service announced. The project aims …

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French-Russian JV launches next-gen memory production in Russia

Crocus Nanoelectronica, a joint venture between Russia’s Rusnano and France’s Crocus Technology, has launched the first stage of its Russian-based magnetoresistive random access memory production (MRAM), Rusnano announced last week. The project, which follows agreements reached in 2011, is the world’s first site to manufacture MRAM according to 90-nanometer design rule, Rusnano claims.

3D technology from Nizhny Novgorod to prevent design data leaks

Ascon, an innovation company from Nizhny Novgorod in the mid-Volga area, has designed a new 3D technology that helps users prevent leaks of confidential design information at R&D companies. Ascon develops integrated solutions for design and engineering automation and production control. Rostech and Rosatom, two major Russian government-owned corporations, are in talks with the developer …

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Novosibirsk’s Supercomputer Center helps geneticists and geophysicists alike

The Supercomputer Center in Novosibirsk’s Academgorodok, in Siberia, helps solve a wide range of research problems, from genetics to geophysics, portal RF Science and Technology reported. Set up more than ten years ago, the Center has had its peak capacity boosted since 2009 from 7.1 teraflops to 116 teraflops. Plans are to further increase it …

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Mobile operator and IT developer to fight forest fires in Northwest Russia

MTS, a leading Russian mobile operator, and RMS, an innovation company from the city of Nizhny Novgorod, are teaming up to fight forest fires in the Republic of Komi, which is located in Northwest Russia. As a part of this endeavor, MTS will use its mobile infrastructure, and RMS will use its Forest Patrol technology. …

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Rostelecom sets up venture project department

Earlier this week Rostelecom, Russia’s national telecom operator, announced the creation of its own “Venture Project Department.” The new department will focus on “search, screening, packaging, and test introduction of new products that are complementary to the firm’s core services.” Its primary goal is a substantial extension of Rostelecom’s product line by adding advanced services …

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Russian bank and regional authorities team up to support Siberian innovators

Innovative entrepreneurs in Siberia’s Krasnoyarsk region can now receive financial support from MSB, a new venture fund opened by Promsvyazbank, a major Russian bank, according to the Krasnoyarsk regional authorities. The region and the bank reached an agreement on project funding in late July during the TIM Biryusa interregional educational forum for innovative youth held …

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Belgorod region teams up with federal fund to support local innovation

The government of the Belgorod region in Central Russia is ready to co-fund the 12 best technology projects developed by scientists from Belgorod State University and Belgorod Shukhov State Technical University, the region’s two leading higher education centers, regional portal Belru.rf reported earlier this month. In addition to about $6,600 from regional coffers, the Russian Fund for …

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Kaliningrad’s GS Group unveils new venture arm for high-tech investment

GS Group, a privately-held international holding based in Kaliningrad, Russia’s westernmost enclave bordering Poland and Lithuania, announced earlier this month plans to support entrepreneurial innovators and start-up teams at all stages of project development. GS Venture, GS Group’s new venture arm, is expected to invest anywhere between $15,000 and $9,000,000 per project. From now to the end …

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State-owned fund RVC co-invests in Astrakhan IT Park

RVC, the Russian government’s fund of funds for innovation, and GK Pilot, a leading local systems integrator, have co-invested in “FABRIKA,” an IT park in the southern Russian city of Astrakhan. RVC’s involvement comes through its tributary Infrafund, which is dedicated to financing infrastructure initiatives throughout the country. The investment amount has not been disclosed, …

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Russian innovators offer solutions for mobile medicine; Cisco backs hi-tech endeavors

The Russian government has named pharmaceutical and biomedical as priority sectors for innovation, and has set a fairly ambitious strategic goal of increasing the share of domestic medical equipment products in the Russian market to at least 40%. In these highly important fields, two new players have emerged recently in Russia, assisted by the global …

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Sizable electronics cluster announced in Kaliningrad

GS Group, a Russian holding company operating internationally, is expected to establish its Technopolis GS electronics cluster outside Kaliningrad in Northwest Russia by 2017, NanoNewsNet.ru reported. The Technopolis GS project is said to be based GS Group’s multi-sector production facilities in microelectronics and nanotechnology. These have been operating since 2008 in the town of Gusev, …

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